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Trump’s military forays in the Middle East is a boon for the defense business

Record military spending and depleted munitions has locked in billions in business for the country’s biggest defense firms.

U.S. defense companies are soaring, and not just because of war in the Middle East. In addition to fighting the conflict, the Defense Department is looking to restock dwindling stores of weapons and munitions. Many of these were used up in the U.S. m… [3999 chars]

Source: Fortune | Published: 2026-04-25T07:37:00Z

Credit: Fortune

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